Ardabil@monero.townOPtoMonero@monero.town•Biggest current US cash-by-mail trader on LocalMonero (LetterGuy21969) arrested by feds June 9th
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1 year agoPeople have been relying on the notion that “Selling peer-to-peer isn’t illegal.” The problem with that is, that as soon as you are trading regularly, or making a profit, they are going to say that you are in the business of it instead, and therefore have to be a licensed money-service business, keep records, and perform full KYC on your customers.
Public sentiment? It’s in line with what many people on r/CryptoCurrency seem to believe these days. They want a heuristic for what’s safe to buy during a bear market, and a popular one is ‘BTC and ETH are the two blue chips, everything else will fade away.’